$2,500,000
124 N Naomi, Burbank CA 91505
Multi-Family (3 Units)
Property type
40 days
On market
$556
Price per sqft
2 cars
Garage
1941
Year built
13,145 sqft
Lot size
Home highlights
Open Houses
Overview
Calling developers, artists, entrepreneurs, and investors — rare opportunity on a 13,143 sq. ft. lot near Burbank Studios, Warner Bros., Universal Studios, major retailers, hospitals, schools, and freeways. PROPERTY HIGHLIGHTS: Four separate structures totaling approximately a massive 4,500 sq. ft. of existing build: MAIN HOUSE: ~1,569 sq. ft. 3 bedroom + 2 Bathrooms; SINGLE...
Listing provided by: Gilmer Pozo DRE #01423037, Real Estate Bankers inc.
Listing updated: May 24, 2026 at 11:04pm.
Last checked: Jun 3, 2026 at 06:30am
Source: CRMLS #SR26090213
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $4,000 | $4,000 | $4,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $1,800 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $3,500 | $3,500 | $5,000 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 2
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
312.5x
List Price / Annual Gross Rent
Cap Rate
3.6%
NOI / List Price
Gross Scheduled Income: $8,000
Operating Expense: $3,600
Net Operating Income: $90,000
Annual Operating Expenses
Electric: $5,900
Fuel: $0
Insurance: $4,600
Trash: $1,000
Water / Sewer: $4,000
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Cooling: Central Air
Heating: Central
Fireplace: Living Room
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: One, Two
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
View: City Lights, Neighborhood
Garage and Parking
Garage Spaces: 2
Uncovered Spaces: 5
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2484018026
Additional Parcels: No
Tax Lot: 27
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Park, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 124 N Naomi, Burbank, CA 91505. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,000,000
Total Interest
$2,550,890
Total Payment
$4,550,890
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,396
per month
Property History for 124 N Naomi
Burbank Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91505.
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